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And, yes, I DO take it personally: Riggs, Bank of the Elite and the Corrupt
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Sunday, June 24, 2007

Riggs, Bank of the Elite and the Corrupt

I find it interesting that all of the worlds players swim in the same toilet.
And they say only conspiracy nuts come up with this stuff. Check out some of the connected names in these paragraphs.
Here is some snippets from Wikipedia on Riggs bank. Many more links available at the Wikipedia site.


Saudi money transfers
A Saudi named Omar al-Bayoumi housed and opened bank accounts for two of the 9/11 hijackers. About two weeks after the assistance began, al-Bayoumi's wife began receiving monthly payments totaling tens of thousands of dollars from Princess Haifa bint Faisal, the wife of Saudi ambassador and Bush confidant Prince Bandar bin Sultan, through a Riggs bank account.[1] Upon discovery of these transactions, the FBI began investigating the bank for possible money-laundering and terrorist financing.

The FBI was cut off from that investigation right quick.
Although the FBI and later the 9/11 Commission ultimately stated that the money was not intentionally (emphasis added)being routed to fund terrorists, investigators were surprised to see how lax the safeguards at Riggs Bank were. Several Saudi accounts were discovered to have financial improprieties, including a lack of required background checks and a consistent failure to alert regulators of large transactions, in violation of the law. Many of these transactions involved Prince Bandar personally, often transferring over $1 million at a time.

So I guess the money wasn't intentionally directed to terrorists, which implies that it was ultimately directed to terrorists! Little Georgy and his friends, funding terrorists.
Following British investigations on the Al Yamamah deal, reported by The Guardian Prince Bandar would have received over $ 1.5 billion in briberie from BAE Systems through the Riggs Bank

Jonathan Bush, uncle of President George W. Bush, was an executive at Riggs Bank during this period.

Pinochet's frozen funds
Augusto Pinochet, the former dictator of Chile, has been widely accused since 1973 of corruption, illegal arms sales, and torture. In 1994, Riggs officials invited Pinochet to open an account at Riggs Bank. Arrested in 1998 in Britain for possible extradition to Spain, his accounts were ordered frozen by court orders. A recent U.S. Senate report has revealed that Riggs executives helped Pinochet disguise millions of dollars that had been stolen from the Chilean people, although some of Pinochet's supporters have claimed that the money came from supporters outside Chile. By using shell companies and hiding accounts from federal regulators, Riggs illegally allowed Pinochet to retain access to much of his fortune[2].

The Senate report also indicated that regulators were negligent in holding the bank accountable. Although Pinochet's accounts at Riggs had been reported in U.S. and British newspapers, and although these accounts were largely unreported to regulators, those same regulators never made a serious effort to investigate. The comptroller tasked with investigating Riggs in 2002, R. Ashley Lee, was later given an executive position at Riggs.

The disclosure of the Riggs accounts reignited the case against General Pinochet, and a ruling that he was not mentally competent to stand trial was overturned when it was proven that the general himself had orchestrated some of the huge transactions. In 2004, he was ordered to stand trial for crimes against humanity, and additional claims of mental and physical incompetence have been overruled.

In the "good old days", public figures labored to avoid the appearance of impropriety.
I think they're over that these days.
How can you take them ( Bush & Co.) seriously and trust them when all of these names keep appearing together, again and again, in the same scandal ridden stories?They even come up with terrorists and dictators. Yet, we are to believe they have our best interests at heart? We are supposed to trust their judgement?
The most astonishing thing of all is that we do trust them, again and again. We then wonder how things could be so wrong.
The NeoCons may be correct about the human masses. We may just be cattle that wants to be led and not know the real truth.

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